629 Highland, Bremerton, WA 98337
629 Highland, Bremerton, WA 98337
629 Highland, Bremerton, WA 98337
629 Highland, Bremerton, WA 98337
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Jenn Pederson

Jenn Pederson

+1(808) 205-3000
Listed by:Kidder Mathews • David A. Kelley
$ 685,000
Est. payment | /mo

4 Beds

6 Baths

4,792 Sqft Lot

Save
$ 685,000
Est. payment | /mo
Save

4 Beds

6 Baths

4,792 Sqft Lot

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Subdivision Bremerton

MLS Listing ID 2571193

Style 55 - 5-9 Units

Bedrooms 4

Year Built 1910

Annual Tax Amount $5,652

Lot Size 4,792 Sqft

Property Sub-Type Multi Family

Property Description

627 Highland Ave — Bremerton, WA 98337 This offering presents a 6-unit value-add multifamily opportunity in Bremerton, priced at $685,000 and offered at a 7% cap rate on in-place income. Built in 1910, the property represents classic older-vintage Bremerton housing stock, offering a clear opportunity for new ownership to drive rents through unit-by-unit renovations and modernization as units turn. Bremerton's rental fundamentals remain anchored by Puget Sound Naval Shipyard, one of the region's largest employers, supporting steady renter demand and a durable tenant base for well-located multifamily product in the submarket. For an investor seeking an attractive going-in yield with a manageable-scale renovation opportunity, 627 Highland Ave offers an efficient, well-priced entry point into the Bremerton multifamily market.

Location

State WA

County Kitsap

Area 148 - West Bremerton

Interior

Fireplace false

Exterior

Exterior Feature Wood Products

View Y/N Yes

View Partial

Roof Type Flat

Building

Sewer Sewer Connected

New Construction No

Schools

School District Bremerton #100C

Others

Senior Community No

Acceptable Financing Conventional

Listing Terms Conventional

Northwest MLS (NWMLS)
"Three Trees" icon indicates a listing provided courtesy of NWMLS.
Nearby Locations
Jenn Pederson

Experience the power of collaboration with Jenn and her Team of highly successful experienced professionals who focus obsessively on the details of your unique needs, process, transactional excellence, and exceeding expectations. With an exceptional reputation, you can expect to inherit decades of resources, connections, and industry/market knowledge required to confidently and successfully execute all your real estate needs.

+1(808) 205-3000

[email protected]

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629 Highland